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SONO FALZAR

Active
Coöperatieve vennootschap (oud statuut)founded 1989active for 36 yearsRue de la Bourse 38, 4470 Saint-Georges-sur-Meuse, BelgiumKBO/BCE: BE 0438.908.766
Summary

The computed 12-month bankruptcy probability of SONO FALZAR is 2.5% (moderate). The 2024 annual accounts show negative equity (-€19,556) and a net result of -€2,348. Equity remains stable across the filed financial years (±1.7% per year). Its solvency ranks better than 5% of 318 sector peers (NACE 90, financial year 2024). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Specialised image, lighting and sound technical services
NACE 90393
1 site
Size
€53turnover 2024
Equity
-€19,556
Loss
-€2,348
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Accounts 79 days overdue0 of 1 deed read
Why 49raises riskLiquidity: current ratio 0.201 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 latelowers riskSize: turnover €53, total assets €4,995Sector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 7% of its sector peers (NACE 90, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -391.5% of total assets
Liquidity 0=
short-term debt 491.5%
Profitability 0-53
return on assets -47.0%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,418 companies, NACE 90, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.8%▲ +0.5 percentage points vs 11-2024highest value 01-2025: 1.9%▼ -0.9 percentage points vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 2.0%▲ +0.1 percentage points vs 02-2025 04-2025: 2.1%▲ +0.1 percentage points vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 1.9%▼ -0.2 percentage points vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 2.2%▲ +0.1 percentage points vs 07-2025 09-2025: 2.1%▼ -0.1 percentage points vs 08-2025 10-2025: 2.4%▲ +0.3 percentage points vs 09-2025 11-2025: 1.8%▼ -0.6 percentage points vs 10-2025lowest value 12-2025: 1.8%● unchanged vs 11-2025lowest value 01-2026: 1.9%▲ +0.1 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.1%▲ +0.1 percentage points vs 05-2026 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +0.3 percentage points vs 07-2026 09-2026: 2.4%▼ -0.1 percentage points vs 08-2026 10-2026: 2.5%▲ +0.1 percentage points vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro): better than 6% on solvency, 0% on liquidity, 7% on profitability and 14% on growth.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €53, total assets €4,995
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.20
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€19,556
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
153 days late
2022
31 days late
2021
31 days late
2020
30 days late
2019
37 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 57 days after the deadline; the sector median (NACE 90) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€19,556 View
  • Risk: 3 loss-making years in a rowloss financial year 2024 -€2,348 View
  • Caution: Among the weakest 5% on solvencysector median 39.0% · 318 companies -391.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 79 days late View

By topic

Financials

Financial year
2024
Turnover
€53
Loss
-€2,348
Solvency
-391.5%
Turnover▼ 99.1%
Net result
20182024
Go to Financials

Timeline

Events
33
Since
1994
  1. 31-08-2022Annual accounts filed
  2. 31-12-2021Back to profit
  3. 30-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Coöperatieve vennootschap (oud statuut)
Activity
Specialised image, lighting and sound technical servicesNACE 90393
Founded
20-11-1989
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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